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Project Life Cycle

Project Life Cycle

Corestone adds value throughout the complete life cycle of a project

01
01.

Concept

Identify need
Establish feasibility
Identify alternatives
Master plans
Roadmaps
Technical & Regulatory Consultancy

02
02.

Planning

Develop plan and conduct studies
Select equipment
Reconfirm economics and budget, cash flow
Financing and schedule
Re-assess risk, alternatives
Present project brief

03
03.

Execution

Set up organization
Working drawings & specifications and design review
Contractor management
Training operators
Reviews & acceptances
Transfer materials

04
04.

Monitoring

Establishment of Performance Measurement System (PMS)
Earned Value Management (EVM)
Quality Assurance / Quality Control
Verify performance
Forecast & reports
Contract management

05
05.

Closing

Archive lessons learned
Close all records
Deliver final report & transfer responsibility

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